Define seasonal effects on ratios

Q: Production-volume variance formula

A: Variance: It implies to a difference between the actual and standard outcomes. If the actual outcome…

Q: How much is the gross profit variation due to

A: Heythere since you have posted m

Q: Define price earnings ratio.

A: P/E Ratio: Price Earnings ratio is the ratio of company’s current share price to the company’s…

Q: financial variables that affect the price-earning ratio

A: The price-to-Earning ratio is derived by dividing the Market Price of Share by Earning Per Share.…

Q: Which of the following variances can be derived when the difference of the last year's selling price…

A: Answer - (B) Sales Volume Variance can be derived when the difference of the last year's selling…

Q: In a hyperinflationary economy, amounts not expressed to the measuring unit current at the end of…

A: This question is answered as per IAS 29 "Financial Reporting in Hyperinflationary Economies".

Q: What is the direct labor rate variance

A: Solution: Direct labor rate variance is computed as = (SR - AR) *AH Where SR = Standard rate AR =…

Q: Explain the meaning of the joint price-quantity variance.

A: Joint price-quantity variance: Variances are the difference between the actual results and the…

Q: Define the term s price-earnings ratio?

A: Financial Ratios: Financial ratio analysis expresses the relationships between different items…

Q: What is the interpretation of the direct-material quantity variance?

A: Direct material quantity variance is a variance analysis tool for manufacturing companies. It shows…

Q: Calculating the Direct Labor Rate Variance and the Direct Labor Efficiency Variance

A: The labor variance is the difference between standard cost for labor and actual cost for labor…

Q: What is the direct labor rate variance?

A: The variation between actual results and the budget or standard is referred as variance.

Q: Define comparative ratio analysis

A: Answer: Comparative analysis of the ratio is a method used by companies to judge the financial…

Q: Define Average collection period.

A: Definition:   Accounts receivable turnover: This is the ratio which analyzes the number of times…

Q: What is the percentage change in volume?

A: % Change in volume = ( Budgeted units - Actual units )/ Actual units

Q: The long-term direction indicated by a time series is known as the Select one: Regular Direction…

A: Introduction: A time series is a group of remarks of well-defined data items attained over repeated…

Q: 1 F or 11,111 U Total gross profit variance = Price varianc

A: Price variance refers to the actual unit cost of an item bought deducted from its standard cost and…

Q: Explain the total sales volume variance for a period.  How can this total variance be decomposed?

A:

Q: What is the lnventory·turnover ratio?

A: Inventory turnover ratio: Inventory turnover ratio indicates how many times a corporation has sold…

Q: gross profit variance

A: Gross profit variance is the difference between gross profits of two different periods.

Q: Gross Profit Variance

A: The difference between selling price and cost of goods sold per unit gives the gross profit per…

Q: e total variance for production labor fo

A: Total variance for production labor = (Standard Rate * Standard Hours) – (Actual Rate * Actual…

Q: percentage change in volume?

A: Percentage change in volume = (Actual units - Budgeted units) * 100/Budgeted units

Q: ne following:

A: The variances are given as,

Q: Relative to the above data, how much is the Cost of sales and Net income for the period

A: The cost of goods sold is the cost of purchases and manufacturing of the products which the company…

Q: Describe the differences in the ways that prior-period costs and output are treated under the…

A: Process costing is one of the costing technique which is used for products which has to go through…

Q: 1. Explain the total sales volume variance for a period. How can this total variance be…

A: We’ll answer the first question since the exact one wasn’t specified. Please submit a new question…

Q: Distinguish between trend percentages and component per-centages. Which would be better suited for…

A:

Q: cost price variance

A: cost price variance is calculated as: (Actual unit cost - Standard unit cost) * Actual quantity…

Q: Thomas' direct-labor rate variance was:

A: Direct Labor rate Variance is the Variance for the difference between Actual rate and Standard Rate…

Q: ndard deviation of the following annual returns:

A: Standard deviation of a portfolio is the measures that indicates the deviation of return from the…

Q: Explain with an illustration the technique of ratio annualization   and why it might be needed

A: Annualized Rate is that rate of return which is less than one year but it is computed as if the rate…

Q: Define weighted average.

A: Inventory cost flow assumptions: These are the methods used by the companies to compute the cost…

Q: Given the information, give the following ratio a. Average Collection period

A: Formula: Average collection period = Notes receivable / [ Net sales / 365 ]

Q: Explain price/earnings (P/E) ratio

A: There are various types of ratios. some ratios are to know the hearing capacity or market price of…

Q: Using the current rate method, COGS is translated using a combination of historical and average…

A: COGS (Cost of goods sold) is just like sales, in the current rate method, and is translated to use…

Q: What does the price-earnings ratio measure?

A: Formula Price earning ratio = Market Price per shareEarnings per share

Q: In a period of inflation, which cost flow method produces the highest net income? O FIFO method O…

A: There are various methods for determining the ending inventory and cost of goods sold. Some of the…

Q: direct labor rate variance

A: Direct labor rate variance = (Actual Rate - Standard Rate)* Actual Hours

Q: What is a revenue variance and what does it mean?

A: